What is AI? Applications of Artificial Intelligence

what is AI? Applications of Artificial Intelligence

Today when I am traveling to some new place on a vacation, and Google shows me nearby places to visit. I wonder how does Google able to show me all this information without me even searching for them.

Can Google read my mind?

Do you remember the movie “Terminator” which shows Arnold Schwarzenegger as Terminator, a robot who travels in time to kill Sarah?

After seeing the movie I use to wonder “Is it possible?” But today I can say it might be possible.

And when I was searching for answers to all my questions, I read about an interesting concept called AI. I started to read more about it, and I thought many people like me might also have questions like mine. So I am writing this article to quench the thirst of knowledge of many such readers who have similar questions.

What is AI?

AI or Artificial Intelligence is a branch of science that deals with machines that perform tasks just like humans would do in that situation.

Programmers study the brain of humans. They learn how they think, logically apply their skill and take necessary action when a task is assigned to them. This knowledge is used to program machines to the way humans do. This is achieved through various algorithms that analyze all the data available with them. These programs learn from user experience, patterns, and so on.

Eg: Say if we are looking for a product on the Internet, and then we visit the Amazon website, it would recommend products based on our previous search on Google machines.

AI is such a vast field, that even today with so many AI-based applications in the market, we have just touched about 5% of totality.

Advantages of AI

1. Based on previous experience, data fed in systems and powerful algorithms, it can devise a mechanism to solve a human problem. It provides us with faster computations of the problem.
2. It reduces human intervention thereby reducing the overall cost of the system.
3. AI systems do not need any type of break, unlike humans. They can work tirelessly day and night without any holidays. This improves the productivity of companies.
4. They can provide customer-specific suggestions based on customer data. These suggestions can help in improving the overall customer experience. This is in turn improves sales and profits.
5. They can be used for situations where humans cannot perform the task because of life-threatening situations. Their metal bodies can sustain robust climatic conditions.
6. They can perform repetitive tasks accurately thereby improving companies’ performance.
7. They can also provide future predictions for company financials. These predictions are way better than human predictions.

AI today can be seen in almost all walks of life. It is continuously expanding its reach. This new ever-expanding field of research has created several job opportunities for budding IT professionals. IT professionals have an excellent opportunity to widen their knowledge in this domain to fill up for these openings and take advantage. These job positions also offer a good salary package as we have fewer experts in this domain.

Artificial Intelligence projects

Now let us discuss various projects where we can find AI. There are several of them, I will try covering as many as possible with my knowledge. If I have missed any industry and you want me to cover details for the same, do comment in the blog below.

1. Artificial Intelligence in Medicine

We all know because of COVID 19 virus, life threat is a serious issue faced by several admitted patients. But in this pandemic situation, several countries have started using AI-enabled robots to continuously monitor patient health. This also reduces the risk of doctors getting exposed to the COVID 19 virus. They have also started using these systems to provide online consultation to patients who are at home getting themselves treated.

AI systems also help in diagnosing ailments of humans. Also, thorough analysis by them helps in predicting treatments for these patients improves better recovery rate.

They can provide a better diagnosis of life-threatening diseases which improves the treatment process and chances of survival for the patient.

They also provide medical assistance in I.C.U. reducing the burden on doctors. They provide post operations guidance to patients.

However, this field required AI systems that are well trained and accurate as this deals with the health care system. To fulfill this requirement companies are looking for professionals who are trained with relevant knowledge in Artificial Intelligence software.

2. Artificial Intelligence in Ecommerce

AI has shown remarkable footmarks in the field of E-commerce. It has helped the industry to grow by ten folds. Using these systems, companies can provide a better service to customers. By generating personalized search results, it can grab new customers too. It is also able to provide after-sales service with 24X7 customer support using AI systems.

Companies have started using chatbots which are rule-based AI applications providing answers to customer queries. These systems are capable to answer just like humans making work easier and convenient for us. Also, only those queries which cannot be answered by them are then transferred to customer representatives.

3. Artificial Intelligence in Finance

Finance has been the first sector to implement AI technology to meet business needs. It is extensively used to suggest financial products to the customer. This is achieved by analyzing the market condition, customer’s recent purchases, and understanding the risk they can take. Also, a large amount of data is generated every second in this sector. Using AI, these data can be categorically stored for future use.

Banks also use these systems to assess any type of fraud or illegitimate activities. KYC i.e. Know your Customer is an excellent AI initiative used by many companies to keep a track of ever-changing data of customers.

4. Artificial Intelligence in Law

The traditional repetitive work like checking different agreements and feeding them in their systems was earlier assigned to trainees. But now this work can easily be done by AI systems and in a fraction of seconds with utmost accuracy. Also, lawyers can now use a computer-based discovery system that can go through their emails and other records available on the system while preparing for a case.

Using the AI system, the common man can also now draft some legal documents like tenant agreements using the AI system. They can easily add in their conditions as per their needs.

5. Artificial Intelligence in Education

AI has shown remarkable changes in how students learn today. These days we have e-learning apps that help a child to learn at its own pace. The learning pace is assessed by AI systems. The child is provided with a personalized plan according to the learning ability. Also, personalized quizzes are designed to encourage the child’s progress and evaluate it at all levels.

Also using these systems can increase the reach of education globally. Education can be provided in the local or preferred language according to the country they are implemented without much hassle.

The list can go on, and on. We will see more AI implementations in existing and new sectors owing to the exhaustive research going in this field.

Artificial Intelligence Technology

1. Natural Language Processing:

This is related to the conversation that happens between machines and humans. The successful analysis helps the AI system to generate results. These systems are capable of converting text or human speech to structured data. For instance, Alexa can answer questions when asked. Also, it learns more as more interactions happen.

2. Natural Language Generation:

This is an inverse process of NLP. These systems are capable of converting the data in systems into text which can be easily understood by the users. For instance, customized reports are generated for a customer based on customer information present in the system. Many times it is considered as a part of NLP.

3. Machine Learning:

This is the heart of all AI systems that are currently being developed.

The systems learn by themselves without the need for any programming. These algorithms enhance their performance with experience.

Big giants like Google is using this technique to revolutionize the existing business. This can be used to find any possible fraud that can happen in a system.

4. Deep Learning:

It is a part of Machine Learning. It used Artificial neural networks to learn without any human intervention.

They work on unstructured data derived from various social media platforms. These data are then analyzed and necessary information is fetched from them.

It can process data in a non-linear way. In this technique, data is connected like nerves in the human body to replicate human behavior.

5. Virtual Assistant:

They assist customers at any point of time in a day. Companies can leverage this feature to enhance sales and goodwill.

They can interact with the customers in customer language. They are proven to be a good personal assistant for customers who are in the urge of personal attention.

6. Speech Recognition:

This is the ability of the program to read the spoken words and convert them to data to generate output.

A popular application of the same is Google voice search which gives search results even if verbally ask for something on Google. However, we need to be extra cautious as spoken words can sometimes be misspelled by these systems due to the dialect of the user.

7. Decision Management:

This system help in making decisions for the companies by analyzing the large data that is already there in the systems. The decision is based on customer needs, time restrictions, and analysis of risks involved.

It is also used in those organizations where a large amount of data needs to be processed to make decisions.

8. Hardware with Integrated Artificial Intelligence:

At present, we have hardware configurations with AI integration.

This can enhance the overall gaming and entertainment experience. We have companies like Intel, IBM, any many more who are working on this.

Artificial Intelligence courses

Major It companies like Accenture, Wipro, Cognizant, and many others are waiting for the right candidate with excellent Artificial Intelligence knowledge.

There is a massive hunt in the market for individuals with the necessary skills.

The average annual salary for an expert in Artificial Intelligence or AI engineers in the USA is $115K. While on an average annual salary in India is 15 lakhs.

It serves as an excellent opportunity to sharpen our ax and learn this technology to get high paying jobs. This also gives us better career prospects with ample growth opportunities.

Top programming Languages used in Artificial Intelligence

1. Python:

To start, you need to master Python. This is the easiest language to implement any AI algorithm. The syntax is easy and simple to learn. Also, any web or desktop-based application can be created using this language. Also, it is a cost-effective language. It supports object and procedure-based approach while implementing a functionality.

2. Java:

Next language that can be used for AI development in Java. Swing and SWT are incorporated in Java which can be used to enhance the graphical experience. It uses object-oriented programming techniques to provide functionality. It is easy to use, debug. It can provide better customer communication.

3. R:

It is the most commonly used language after Python to develop AI. It can be used to study big data to generate statical reports. Using R large data can be analyzed, formulated, and comprehend to prepare customized reports for study.

4. Lisp:

This language was found by the creator of Artificial Intelligence, John McCarthy in 1958. It can effectively process symbolic data. It has an excellent capability of prototyping. Also, it can create new objects dynamically. It also has an automatic garbage collector. During development expressions of functions or files can be evaluated while the program is running.

5. Prolog:

It is always accompanied by Lisp. This technology can be used for pattern matching, automatic backtracking, and tree-based data structuring. It provides a flexible and powerful framework to work.

To bag an excellent opportunity as an AI developer, you need to master these skills from the leaders in training these skills. This is where 3RI Technologies steps in. They provide Artificial Intelligence training from certified experts with industrial experience. Also, they have ties up with companies like Infosys, IBM, Wipro, and many others which helps in placement opportunities soon after completion of the course. They provide an opportunity to work on LIVE projects giving practical experience topmost priority. Tests are conducted regularly to assess the knowledge and understanding of students. They also provide with ONLINE or CLASSROOM based training according to students’ needs.

With 10+ years of experience in this domain, their genuine efforts mold the future of enrolled students.